This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Dalata Hotel Group has revealed that it is targeting a rise in its footprint from 12,000 to 21,000 bedrooms either open or in development by 2030. In addition, the group has announced a new share buy-back programme of €25m (£20.8m), which will commence in the coming days subject to market conditions.
As per the report by Global Market Insights Inc. Worldwide food service packaging market was valued at over USD 118 billion in 2021 and will surpass a revenue collection of USD 186 billion by 2028 with an annual growth rate of five percent from 2022 to 2030. European Customers To Increase their Preference for Green Packaging.
Radisson Hotel Group has set a goal of expanding its current portfolio of 11 hotels in operation and under development in Morocco to 25 hotels by 2030.
With EV adoption in the UK tripling over the last three years , driven by the government’s ambitious plan to ban new ICE (Internal Combustion Engine) vehicle sales by 2030, now is as good a time as any for hotels to get involved. Projections show that there will be 1.4
Despite the proliferation of brands, there remains a significant customer cohort that has not been adequately embraced at the operational and marketing levels: guests with disabilities. This presents an untapped market. Nevertheless, the aging baby boomer generation underscores the need for hotels to better cater to this market gap.
Research suggests that the payment processing solutions market is projected to grow at a CAGR of 11.43% during the forecast period of 2023 to 2030 while the future market value of this market is expected to reach USD 130.94 billion by 2030.
The Belfry Hotel and Resort has revealed that it intends to reach net zero carbon emissions by 2030 after saving 3 million kWh in electricity and gas usage between 2019 and 2022. The Warwickshire-based company claimed that the energy savings were the result of several measures implemented by the resort.
By 2030, direct digital bookings are expected to reshape the landscape of hotel distribution, overtaking online travel agencies (OTAs) as the primary channel for global hotel reservations.
The global online travel market is estimated to be worth an impressive $1 billion in 2030. To get your piece of the pie, you need to cover multiple hotel marketing channels and optimize them for direct booking revenue. The demand is there, but are you capturing your share of it?
The National Restaurant Association , in partnership with American Express and Nestlé Professional, released its 10-year outlook report on the projected state of the restaurant industry in 2030. trillion by 2030. The industry workforce will likely exceed 17 million by 2030. between 2018 and 2030. "The
Strengthening its presence in the Turkish market, this opening aligns with the Groups commitment to reaching 100 hotels in Trkiye by 2030. Located in ankaya, the hotel offers modern elegance and seamless access to Ankaras key attractions, making it an ideal choice for both business and leisure travelers.
As CEO, Meier will spearhead Jumeirahs plans to double its portfolio by 2030, focusing on international expansion. “As we gear up for the opening of Jumeirah Marsa Al Arab and continue to expand into new markets, I am honored to lead Jumeirahs next chapter. Meier as its new CEO.
By taking a new and smarter approach to digital marketing, human capital management and delivery, restaurateurs will be positioned to drive sales despite the challenges presented by COVID-19. Become a Marketing Maven. Having a basic website or relying on a third-party delivery partner to market a virtual brand is not sufficient.
Radisson Hotel Group is proud to announce the addition of seven hotels, including six signings and one opening, in the Turkish market in the first half of the year. These development milestones bring the Group closer to reaching 100 hotels by 2030.
According to Future Market Insights, the plant-based burger market is expected to register a staggering double-digit CAGR of 22 percent by the end of 2030. Future Market Insights’ event on veganism states that the overall vegan consumer base is expected to increase by 44 percent over the next five years.
As Africa’s fastest-growing hospitality market, Morocco, prepares to co-host the FIFA 2030 World Cup with its European neighbours Portugal and Spain, the country is shining a spotlight on its thriving hospitality market and the initiatives and incentives in place to attract further investment.
Is your 2023 hotel marketing budget a little leaner than you’d like? Investing in your email marketing – again, Gen Z account for the highest percentage of transactions via email marketing to a hotel website, despite not accounting for the highest percentage of traffic. NB: This is an article from 80 Days.
The longevity revolution will mean more demand for onsite wellness and antiaging programming at hotels, offering both a path to greater ancillary revenues as well as a whole new market for longevity tourism travelers looking specifically to hotels that offer healthspan-extending services.
Industry reports are predicting that ghost kitchens will create a $1 trillion global market by 2030, rising by 25 percent each year for the next five years—an estimated $300 million in yearly sales – and a likely indication as to why more investors, as well as major QSRs, are rapidly entering the market.
The market could become a mega-value creator, potentially exceeding $4.5 trillion by 2030. GenAI's creative and analytical capabilities, integrated with IoT devices' connectivity and data insights, could lead to remarkable advancements. What do you get when you fuse GenAI with IoT?
Between 2023 and 2030, the industry is projected to add an average of 200K jobs each year, with total staffing levels reaching 16.5M Seventy-five percent of operators said they plan to devote more resources to recruiting and retaining employees. Off-Premises Dining Enhanced by Improved Technology.
Judi Blakeburn , brand director, Another Place , Watergate Bay and Beach Retreats [FC] With a career spent in hospitality marketing, Blakeburn is an expert on both the sector and the role of marketing in medium-sized businesses, and is a passionate advocate of the importance of brand and marketing at board level.
trillion in sales by 2030 , leading to a continuous influx of new restaurateurs. So how do you thrive in a customer-driven competitive market? National food holidays, once everyday occurrences on the culinary calendar, have evolved into marketing goldmines for restaurants. The industry is projected to reach $1.2
though late to the game, is seeing an explosion in these types of kitchens and is expected to dominate the global market by 2027, according to Allied Market Research. Marketing assistance including advertising, public relations, social media, and events (once it’s safe). City permitting guidance.
Extended stay accommodations and serviced apartments represent a small but fast-growing portion of the European hospitality sector, with the market projected to grow (1) at CAGR of 12.3% from 2024 to 2030.
By 2030, the International Energy Agency projects there will be 130 million EVs on American roads. What does this have to do with restaurants? All those cars will require millions of plugs and there are approximately just 100,000 in current use meaning an opportunity for restaurant owners interested in hosting charging stations.
According to research by the National Restaurant Association Research and Knowledge Group, the restaurant industry will likely be drastically different by the year 2030. As self-driving cars increasingly take over the market, other industries will have to adapt. Automated Marketing and Remarketing.
As Whitbread pursues a goal of 125,000 rooms across the UK and Ireland, it plans to increase its current UK room offerings to 98,000 by 2030. 5.8bn property portfolio to capitalise on shifts in the hospitality market. The sale-leaseback approach allows Whitbread to recycle capital into expansion, leveraging its £4.9-5.8bn
Subscribe to our weekly newsletter and stay up to date But domestic travel is recovering quickly too and is set to represent 70 percent of travel spending by 2030. The United States is currently the world’s largest domestic travel market, but China is set to overtake it in the coming years.
“Sustainable gastronomy is the process of cookery that focuses on the ingredients’ source, how food is grown, the means by which it gets to the market, and eventually, to the plates of consumers. What Is Sustainable Gastronomy and Why Is it Important?
The collaboration marks the brand’s official entry into the Saudi Arabian market, aligning with the Kingdom’s Vision 2030 initiative to elevate its tourism sector.
Though many of the market forces that shaped the restaurant industry in 2021 were closely linked to disruption from the pandemic's onset in 2020, 2022 brings new challenges — and opportunities. This will help the restaurants to strengthen their online presence and help in their marketing. Ghost Kitchens.
Business travel is finally making a comeback, providing hoteliers with renewed opportunities to capture a crucial market segment. Key markets like China, the USA, Germany, Japan, and the United Kingdom are driving this growth, with impressive annual increases in business travel spend – 69% in Japan alone. trillion by 2027.
In January of 2020, Impossible Foods, a leader in plant-based meat alternatives, primarily focused sales on the restaurant trade, selling to less than 200 supermarkets; by May of 2020, the company was selling its line of plant-based products in more than 3,000 retail markets and grocery stores. In October of 2019, U.S.
McKinsey estimates that the market has tripled since 2017. Consequently, Euromonitor predicts that the ghost kitchen concept could become a $1 trillion food industry segment by 2030. How popular is food delivery? QSR Magazine reports that 53 percent of adults consider food takeout or delivery essential to the way they live their lives.
In order to push catering for this holiday season, restaurants can provide pricing incentives in order to attract more customers, offer a-la-carte options for holiday meals, and push out more marketing material showing their sanitary precautions when preparing food to ease consumer's worries. Occupancy in urban markets is just 35.6
Alongside 25hours, we are excited to introduce Working From_ to the local market for a growing generation of entrepreneurs, start-ups and those looking for a new approach to working. Innovative and full of character, we are thrilled to be entrusted with setting the tone in this new and authentic development.
Situated along the River Thames, the hotel offers 205 renovated guest rooms and a variety of dining options, including two new restaurants: The Market Kitchen and Brasserie32. Occupancy rates for luxury and mid-market hotels have increased year-on-year, while budget hotels have seen a decline.
It will also: Before the end of 2023, publish its pathway to achieve net zero by 2050 at the latest, with an interim target in line with the Paris Agreement’s requirement to reduce global GHG emissions by 50% by 2030 Collaborate with partners, suppliers and customers to drive change across the value chain Measure and track its Scope 1, 2 and 3 GHG (..)
Rivareno’s new tubs are made from double-walled cardboard and are a first-to-market product in Australia. GCC is working to implement fossil fuel-free cooking and the use of electric appliances powered by renewable energy in new kitchens by 2030 and existing kitchens by 2040.
The partners expect the platform to include15 global hotels & residences and 10 urban preventative medicine and longevity centers by 2030, totaling 25 centers in partnership with Fountain Life. The first four Estate Luxury Hotels & Residences will launch in St. Kitts; the U.K.; The Estate will lead with luxury.
Accor, a world-leading hospitality group with more than 1,000 properties across the Middle East, Africa and Asia Pacific, is pleased to announce a partnership with Dangayach Group to develop two new luxury hotels in the booming tourism market of Goa, India. Both destinations are planned to open by 2030.
HS2, the new high-speed railway line planned for 2030, will attract more corporates to the city, cutting travel times between London and Birmingham to just 45 minutes. Birmingham is a growing corporate accommodation market, with HS2 railway completion planned for 2030, which will attract more corporates to the city.
As they carve out a niche in the heavily competitive market dominated by international hotel chains, their journey stands as a remarkable testament to resilience, adaptability, and the spirit of innovation. With a projected market value of US$ 47.50 Of this, 53% were in tier 3 and 4 cities."
We organize all of the trending information in your field so you don't have to. Join 11,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content